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Royal Government of Bhutan Shifts 406 BTC ($40M) to QCP Capital, Still Holds $1.2B in BTC

Coinpedia LogoCoinpedia6d ago

Royal Government of Bhutan Shifts 406 BTC ($40M) to QCP Capital, Still Holds $1.2B in BTC - Coinpedia

Quick Summary:

According to on-chain data analysis provided by Arkham Intelligence, the Royal Government of Bhutan has purchased nearly 14k Bitcoins since early 2021.

Furthermore, the country, which has a huge supply of green energy through hydro-generation, has backed Druk Holding & Investments (DHI) to facilitate the adoption of digital assets.

The post Royal Government of Bhutan Shifts 406 BTC ($40M) to QCP Capital, Still Holds $1.

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Royal Government of Bhutan Shifts 406 BTC ($40M) to QCP Capital, Still Holds $1.2B in BTC - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-09 @ 12:02:09 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 288 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 24274618

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 4 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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  • News ID: #24274618
  • URL: https://beamstart.com/news/royal-government-of-bhutan-shifts-17337460767198

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